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Europe sees two-speed IPO recovery as smaller deals lag
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Analysis-Europe Sees Two-Speed IPO Recovery as Smaller Deals Lag
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Analysis-Europe sees two-speed IPO recovery as smaller deals lag
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Initial public offerings (IPOs) have plummeted globally in the first quarter of this year after a record showing last year, as volatility stoked by the war in Ukraine and soaring inflation set investors on edge and inhibited deals.
About US$65 billion has been raised via IPO around the world so far this year, down 70 percent from US$219 billion in the first three months of last year, data compiled by Bloomberg showed.
That puts the global market on track for the lowest quarterly proceeds since the onset of the COVID-19 pandemic in 2020.
Still, companies such as renewable energy provider Eni Plenitude